My overall check list when viewing a property consists of looking for major red flags, such as, damage to the roof, foundation/structural issues, holes in the wall, water damage, etc.

Investment Info:

Single-family residence fix & flip investment in Kirkland.

Purchase price: $747,000

Cash invested: $149,605

Sale price: $2,329,000

UPDATED: This project was a large addition ...

Investment Info:
Single-family residence fix & flip investment in Kirkland.

Purchase price: $747,000

Cash invested: $149,605

Sale price: $2,329,000

This project was a large addition to a o...

It is likely the majority of the tenants stay in the property for many years.

If you find major issues you have the right to pull out of the deal.Good Luck with your investing!

I hate the idea of loss more than I like the the idea of hitting a home-run.One major change in my expectations is there is no denying inflation.  

Lakeland is doing the right things to make it pretty and liveable on the major Highway to Orlando.

One of the big conditions is that the majority owner of the LLC needs to be the same as the person(s) that have the loan.Tom - The property ownership transfers, but loan stays in your personal name.

@Sarah HofferThe major thing I can think of in your situation is that you’ll no longer get the lower owner occupied interest rate when you refi, seeing that you’ll be moving to NC.

Can prospective lenders provide this without a prior relationship and major documentation?.